what brooks and the murdochs, on the other hand, will do, is to be contrite. that's the new buzz word, apologize, apologize, apologize. there are biographers and media experts saying this could only hurt them today, this hearing will not help murdoch nor brooks nor the murdoch empire. lynn, back to you. >> jim maceda in london for us. jim, thanks so much. >>> well, back here at home on capitol hill the back and forth battle over the nation's budget crisis will reach the house floor today when republicans vote on a plan calling for steep spending cuts in return for raising the debt ceiling. well, democrats say the measure will never pass the senate, and president obama has vowed to veto the bill. still, the president is saying he is seeing progress. nbc's tracie potts joins us from washington with more. tracie, good morning. >> reporter: lynn, good morning. republicans are calling this bill cut, cap and balance. essentially they want to cut the deficit, cap what the federal government is spending and then move toward a balanced budget amendment. an amendment to